Bitcoin, El Salvador and IMF

President Nayib Bukele Says El Salvador Will Continue Accumulating Bitcoin Despite IMF Pushback
El Salvador President Nayib Bukele says his country will continue accumulating Bitcoin (BTC) despite rumors suggesting otherwise.
El Salvador announces more bitcoin purchases, gives IMF assurances
El Salvador announced on Wednesday the purchase of a bitcoin, which takes the total in the country's strategic reserve to above 6,102 coins, the National Bitcoin Office posted on social media. The bitcoin purchase announcement comes days after the International Monetary Fund board approved a 40-month program with El Salvador for $1.
The collapse of El Salvador's bitcoin dream
Bukele's embrace of bitcoin was part of an attempt to "rebrand the tiny and impoverished" nation as a "surfing and cryptocurrency paradise", said the Financial Times. He announced plans to build a "Bitcoin City" in the jungle, "powered by geothermal energy on the slopes of a volcano".
El Salvador Pushes Ahead With Bitcoin Purchases, Unfazed by IMF Pressures
El Salvador expanded its Bitcoin reserves to over 6,102 BTC, continuing its purchases after securing a $1.4b IMF financial program.
El Salvador’s president says the country “won’t stop” buying Bitcoin
El Salvador’s president has dismissed the International Monetary Fund’s (IMF) new request, stating that the country “won’t stop” buying Bitcoin.
El Salvador Bitcoin Accumulation Is “Not Stopping”: Bukele Reaffirms
President Bukele reaffirmed that El Salvador Bitcoin Accumulation will continue despite recent information regarding IMF conditions for granting a $1.4 billion loan.
El Salvador's Bukele Says Bitcoin Purchases Won't Stop Due to IMF Deal
Led by President Nayib Bukele, El Salvador apparently has no intention of stopping its accumulation of bitcoin (BTC) no matter what the IMF
President says El Salvador’s won’t stop buying Bitcoin following IMF claim – ‘Proof of work > proof of whining’
The El Salvador government recently signed a $1.4B financing deal with the IMF. The deal includes measures aimed at reducing the country’s Bitcoin exposure. Despite the agreement, El Salvador has continued to increase its Bitcoin portfolio.
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Mangroves at risk as El Salvador begins work on new airport
Construction has begun on a new international airport in El Salvador despite ongoing concerns that the project will lead to ...
Gang Violence to Good Vibes: El Salvador’s Surf Renaissance
A lilac sky looms over the black sand beach. The sun has yet to beam its early, yet blistering, teeth over the nearby ...
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The U.S. War on Migrants Gets Help from El Salvador
El Salvador's offer to house deportees and U.S. citizens in its infamous prisons – for profit – signals a new and troubling ...
Convicted killer from El Salvador caught in N.J. after illegally reentering U.S., feds say
A citizen of El Salvador, previously convicted for double homicide in his home country, was arrested Friday in Elizabeth, ...
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In El Salvador, A River Without Fish Feeds Fear Of Mining
El Salvador's San Sebastian river has no fish. The runoff from a gold mine upstream, already shuttered two decades ago, has ...
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El Salvador: Free Fidel Zavala and other community leaders
Salvadoran authorities arrested Fidel Zavala, a spokesperson for the Unidad De Defensa De Derechos Humanos Y Comunitarios ...
MS-13 boss ‘Old Saint’ ran sinister US murder, drug network from a South American jail: prosecutors
Moises Humberto Rivera-Luna helped reign over the violent street gang MS-13 in the US out of a prison cell in El Salvador, ...
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Amnesty Denounces Detention of Human Rights Activist in El Salvador
Amnesty demands protection for detained Salvadoran activist Fidel Zavala, highlighting torture claims and a crackdown on ...